Global Advance, Inc. 
The information on this page was last updated 7/18/2024. If you see errors or omissions, please email: [email protected]
Summary
God has strategically placed catalytic, top-tier kingdom leaders who are called to push back the spiritual and economic poverty in their nations. We call these leaders changemakers. Global Advance unites these national leaders to build collaborative strategies, equipping them with the tools, training, resources, and encouragement needed to transform their nations. Together, we can ignite changemakers on the front lines of the gospel's advance!
Contact information
Mailing address:
Global Advance, Inc.
P.O. Box 742077
Dallas, TX 75374
Website: globaladvance.org
Phone: (972) 771-9042
Email: [email protected]
Organization details
EIN: 752332727
CEO/President: Jonathan Shibley
Chairman: Andy Geist
Board size: 11
Founder: David Shibley
Ruling year: 1991
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1996
Purpose
Mission statement
Empowering frontline leaders to be catalysts for the fulfilling of the Great Commission.
Statement of faith
We believe in the full inerrancy of Scripture; in God the Father, Son and Holy Spirit; in the virgin birth, sinless life, atoning death, physical resurrection and visible, personal return of our Lord Jesus Christ; in salvation by grace through faith in the finished work of Christ; in the present ministry of the Holy Spirit expressed in His fruit, gifts, and power; in New Testament evangelism, consecrated Christian living, the local church, the ministry of reconciliation and the urgency of fulfilling the Great Commission.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1032 of 1107 | 111 of 125 |
| Fund acquisition rating | | 812 of 1108 | 87 of 125 |
| Resource allocation rating | | 945 of 1108 | 110 of 125 |
| Asset utilization rating | | 951 of 1107 | 101 of 125 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 9% | 8% | 6% | 7% | 12% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 8% | 7% | 5% | 6% | 11% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 87% | 89% | 80% | 93% | 91% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 10% | 8% | 6% | 8% | 13% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 13% | 11% | 20% | 7% | 9% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 74% | 74% | 73% | 76% | 70% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 77% | 87% | 80% | 72% | 85% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 57% | 65% | 58% | 55% | 60% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 23% | 13% | 20% | 28% | 15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 8% | 4% | 9% | 11% | 6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 16% | 17% | 21% | 16% | 17% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.38 | 0.27 | 0.30 | 0.37 | 0.29 | 0.37 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.30 | 1.23 | 1.27 | 1.25 | 1.26 | 1.34 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.35 | 0.33 | 0.37 | 0.46 | 0.37 | 0.49 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.20 | 287.82 | 562.37 | 55.71 | 1434.84 | 351.85 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.83 | 36.46 | 31.97 | 25.64 | 32.77 | 24.24 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 0% | 0% | 1% | 2% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 62% | 373% | 338% | 269% | 336% | 271% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $2,381,157 | $2,280,029 | $4,242,410 | $3,908,301 | $2,993,220 |
| Receivables, inventories, prepaids | $45,625 | $15,163 | $9,865 | $18,448 | $82,617 |
| Short-term investments | $4,400,268 | $3,620,960 | $1,741,186 | $1,445,285 | $1,247,370 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $6,827,050 | $5,916,152 | $5,993,461 | $5,372,034 | $4,323,207 |
| Long-term investments | $150,000 | $150,000 | $175,283 | $40,783 | $119,648 |
| Fixed assets | $1,150,265 | $1,207,120 | $1,158,392 | $1,185,447 | $1,092,078 |
| Other long-term assets | $259,111 | $223,151 | $180,652 | $175,936 | $267,483 |
| Total long-term assets | $1,559,376 | $1,580,271 | $1,514,327 | $1,402,166 | $1,479,209 |
| Total assets | $8,386,426 | $7,496,423 | $7,507,788 | $6,774,200 | $5,802,416 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $23,720 | $10,520 | $107,589 | $3,744 | $12,287 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $23,720 | $10,520 | $107,589 | $3,744 | $12,287 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $164,072 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $164,072 | $0 |
| Total liabilities | $23,720 | $10,520 | $107,589 | $167,816 | $12,287 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $8,362,706 | $7,485,903 | $7,400,199 | $6,334,339 | $5,586,535 |
| With donor restrictions | $0 | $0 | $0 | $272,045 | $203,594 |
| Net assets | $8,362,706 | $7,485,903 | $7,400,199 | $6,606,384 | $5,790,129 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $2,532,467 | $2,273,479 | $2,766,485 | $2,542,588 | $2,290,788 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $191,739 | $116,256 | $92,492 | $78,566 | $104,351 |
| Other revenue | $188,409 | $160,980 | $583,775 | $100,067 | $109,630 |
| Total other revenue | $380,148 | $277,236 | $676,267 | $178,633 | $213,981 |
| Total revenue | $2,912,615 | $2,550,715 | $3,442,752 | $2,721,221 | $2,504,769 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $1,647,632 | $1,648,361 | $2,010,597 | $1,490,295 | $1,497,792 |
| Management and general | $364,684 | $386,644 | $582,096 | $308,890 | $368,880 |
| Fundraising | $226,900 | $181,648 | $161,696 | $166,913 | $267,494 |
| Total expenses | $2,239,216 | $2,216,653 | $2,754,389 | $1,966,098 | $2,134,166 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $673,399 | $334,062 | $688,363 | $755,123 | $370,603 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $673,399 | $334,062 | $688,363 | $755,123 | $370,603 |
Compensation
| Name | Title | Compensation |
| Jonathan Shibley | President/Dir | $213,764 |
| Whitney Daugherty | Dir. of Marketing | $118,040 |
| Dr David Shibley | Founder/Dir | $81,453 |
Compensation data as of: 12/31/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/18/2024. To update the information below, please email: [email protected]
History
Global Advance was founded in 1990 by Dr. David Shibley. In the 1980s, God put a vision and burden in his heart to provide encouragement, resources, and training for frontline pastors in destitute nations of the world. Global Advance became a friend and advocate for indigenous pastors and church planters worldwide, challenging them to be catalysts for fulfilling the Great Commission.
Since 1990, Global Advance has provided indigenous training and ministry encouragement for more than 850,000 frontline leaders in 110 nations. Two training centers have been built and numerous strategic partnerships developed with hundreds of churches and ministries.
In 2000, the Global Advance Ambassador Network was formed, and is now comprised of hundreds of individuals, churches, ministries, and businesses who work together to equip leaders globally.
In 2004, Global Advance launched Marketplace Missions with the goal to awaken kingdom vision and sharpen the skills of Christian entrepreneurs and professionals throughout the developing world. Thousands of business leaders partner with Global Advance Marketplace Missions through training conferences, business networks, economic development, mentoring, and ministry.
In 2010, Global Advance launched The Esther Initiative to encourage and empower women in underserved nations to be difference-makers in their spheres of influence. From this initiative national prayer networks have been birthed and multitudes of women are being ignited to impact their families, churches, communities, and nations with the gospel.
In 2014, Global Advance acquired Alpha Relief to provide a channel of support, relief aid, and development to Christians facing extreme persecution in many parts of the world.
In 2015, Global Advance launched the NextGen Engagement initiative to engage young adults in the global church. The purpose of this initiative is to resource and encourage NextGen leaders as they realize their generational calling to advance the gospel and lead with excellence in all sectors of life.
In 2019, Global Advance launched the David Shibley Institute, a vehicle for imparting a lifetime of insights, wisdom, and anointing to select young nation-builders. This year-long training, which includes a two-week in-person intensive in Dallas, is designed to lift and launch rising global missions leaders to fulfill the Great Commission.